HDFC Securities Limited (HSL), a brokerage firm and a subsidiary of HDFC Bank, has rebranded its Retail Research division, now designated as “HSL Prime Research.”
Devarsh Vakil has been appointed as the new head of this revamped division, signaling a renewed focus on premium research offerings in the competitive market landscape. This change shows the firm’s dedication to bolstering its analytical capabilities and delivering high-value insights into the evolved needs of its clientele.
Furthermore, as part of the transformation, Mr. Devarsh Vakil has been appointed as the new Head of HSL Prime Research, succeeding Mr. Deepak Jasani, who retired on 31st December 2024 after a remarkable tenure of over two decades.
Mr. Dhiraj Relli, MD & CEO of HDFC securities, acknowledged Mr. Jasani’s significant contributions to the Retail Research department, stating, “Deepak’s insights and expertise were fundamental to our success. He leaves behind a respected legacy in the industry, and we extend our heartfelt gratitude as he begins a new chapter in his life.”
Welcoming Mr. Vakil to his new role, which took effect on January 1, 2025, Mr. Relli highlighted his extensive 15 years of experience in the sector and his crucial role within the Retail Research team. Mr. Vakil’s strong engagement with internal teams and clients, combined with his deep understanding of capital markets, positions him to elevate HSL Prime Research. Mr. Relli noted, “This appointment showcases the talent within our organization and our commitment to career development. Under Devarsh’s leadership, we are eager to redefine our research offerings under the HSL Prime Research banner, enhancing our value proposition.”
Also Read: HDFC Bank Opens First Branch in SingaporeCommenting on the occasion, Mr. Devarsh Vakil, Head of HSL Prime Research said, “I am honored to lead the HSL Prime Research team. Our objective is to establish new standards in research quality and innovation, equipping our clients with the insights necessary for success in their investment journeys and we aspire to be their trusted partner in navigating the complexities of the markets.”
HSL Prime Research, as part of its offerings, provides best-in-class investment opportunities supported by comprehensive fundamental and technical analysis conducted by a team of expert analysts. Most of these analysts have been associated with HDFC securities for over a decade. The team produces regular market commentaries that focus on market sentiments and developments, along with derivatives recommendations and stock recommendations across positional, medium-term, and long-term investments. Additionally, they offer Systematic Investment Plan (SIP) recommendations designed to help clients develop customized investment strategies, enabling them to build a long-term portfolio by investing smaller amounts on a periodic basis.
HSL Prime Research also produces a variety of special reports, including “Pick of the Week,” “Rollover Analysis,” “Diwali Picks,” and “New Year Picks,” among others. These research insights are made accessible to clients through various platforms, such as WhatsApp, the organization’s online applications, viz. InvestRight and HDFC SKY, as well as the company’s website.
In addition to these reports, the research team consistently develops newsletters and hosts webinars featuring prominent market experts from across the country. This initiative aims to deliver valuable content that benefits not only the clients of HDFC securities but also individuals seeking to enhance their knowledge and skills in investment.
About HDFC securities– https://www.hdfcsec.com/
